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Bolivia UNITED NATIONS: Venezuelan President Hugo Chavez has endured the most difficult moments of his life, according to Bolivian President Evo Morales, who didn't get to see his ailing ally during a visit to Caracas on his way to New York.   I wasn't able to meet him, I was only able to meet with the head doctor and family, but my understanding is that they are very encouraged, Morales told reporters at the United Nations headquarters in New York.   "My understanding is that they are very encouraged," Morales told a news conference at the United Nations, where he took part in the global launch of International Year of the Quinoa.   "But sometimes diseases, illnesses are difficult to fight." "There are days where the situation of his health is very difficult, according to the information from his ministers.   But now he's returned to Caracas and that's a great relief." Chavez has not spoken in public since ...

Morales says West UNITED NATIONS: Bolivia's President Evo Morales on Wednesday slammed western fast food as "a threat to humanity" as he accused multinational firms of seeking to block the development of his country's staple food.   Morales said US companies had led a campaign to stop the United Nations declaring 2013 as the international year of quinoa, which the Bolivian leader and UN chief Ban Ki-moon launched at the UN headquarters.   The grain-like quinoa is packed with vitamins and proteins ...
Back in Venezuela, Chavez stays out of the public eye CARACAS: Venezuelans on Wednesday had yet to get a glimpse of their ailing president three days after he returned home from a two-month trip to Cuba for cancer treatment.   Admitted to the military hospital in Caracas upon his arrival Monday, the once-omnipresent leader has stayed out of the public eye -- even as his supporters took to the streets to welcome him back.   On Tuesday, it was unclear whether Chavez had even seen Bolivian President Evo Morales, ...
Castro meets US lawmakers in Cuba     HAVANA: President Raul Castro on Tuesday welcomed a delegation of US lawmakers, the first to come to Communist Cuba since US President Barack Obama's re-election, state media reported.   "Foreign Minister Bruno Rodriguez Parrilla took part in the meeting, and issues of interest to both countries were addressed," a statement read out on the government news broadcast said.   The US legislators were in Havana to meet with Cuban officials and hope to visit an American contractor jailed for ...
Fidel Castro hails Chavez return to Venezuela  HAVANA: Fidel Castro on Monday hailed President Hugo Chavez's return to his native Venezuela after spending two months in Cuba for cancer surgery and convalescence.   In a letter published by the official Cuban news agency, the former Cuban president said he was happy that for the Venezuelan people "a long and anxious wait" was over, thanks to what he called Chavez's physical strength and the dedication of Cuban doctors.     Copyright AFP (Agence France-Presse), 2013 ...
Ecuador votes for president, Correa seen winning new term QUITO: Ecuadoreans vote for president on Sunday in a ballot expected to hand incumbent Rafael Correa a new term to advance his socialist agenda of heavy government spending and expansion of state power that critics slam as creeping authoritarianism.   Generous state outlays to expand access to healthcare, pave decrepit roads and build schools have given the combative economist a strong base among the South American nation's poor.   Victory for Correa would cheer the leftist ALBA bloc of ...
Correa favored for reelection in Ecuador vote   QUITO: Ecuadorans head for the polls Sunday in national elections, in which President Rafael Correa is the overwhelming favorite to win re-election and possibly gain greater backing for his brand of socialism.   Three private polls show Correa, who first came to power in 2007, with between 48.2 and 61.5 percent support, far ahead of his nearest rival, banker Guillermo Lasso.   That would enable the charismatic, US-educated economist to win another four year term in the first round ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln